1. A new ground is forming at a very strong support level , in both D and W TF.
2. Right shoulder for a H&S in W TF could start soon.
3. Divergence in D TF.
I will wait for a break of the intraday high of April 18th.
Will post an update when the time has come, so make sure you follow me!
We may see a further move to the downside as the bias still seems to be more bearish than bullish.
A break of the bearish flag (4H) would be a great entry. Would wait for a close as we don't want to pull the trigger to early. TP around 1.8015-1.8000 area.
Nevertheless...Keep in mind both scenarios and always expect the unexpected!
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